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Some regional banks are highly exposed to flood risk. Yet, there is little evidence that banks manage these exposures. The lack of flood risk management in these banks could worsen the adverse local economic impact of a flood. Therefore, banks should incorporate flood risk in their risk management.
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bond markets to the same extent. This may lead to greater volatility in the Danish mortgage bond market. In recent years …, banks have reduced their market-making capacity in the mortgage bond market, which may affect their ability to dampen …
Persistent link: https://www.econbiz.de/10014551635
Rising mortgage rates have led to one in five Danish fixed-rate mortgages to be refinanced during the first three … quarters of 2022. The unique Danish match-funding principle has allowed fixed rate mortgage borrowers to buy back their … mortgage and bank debt, while 38 per cent was cashed out. The cash-out share is higher for borrowers with lower levels of …
Persistent link: https://www.econbiz.de/10014551683
mortgage market, spillovers into broader credit market, the liquidity crisis epitomized by the fallout of Northern Rock, Bear … elevated market, credit and liquidity risks. Since its original outbreak induced by the demise of the subprime mortgage market … and the mortgage-backed securities in the U.S., the crisis has reverberated across other credit areas, structured …
Persistent link: https://www.econbiz.de/10011430817
With economic growth having cooled to less than 1 percent in the first quarter of 2007, the economy can ill afford a slump in consumption by the American household. But it now appears that the household sector could finally give in to the pressures of rising gasoline prices, a weakening home...
Persistent link: https://www.econbiz.de/10010280321
property prices can have a decisive effect on consumption. The mortgage markets represent an important link between monetary … example, where the standard mortgage has a variable interest rate. Moreover, the example of the USA, where household decisions … mortgage market, the conclusion to be drawn is that measures which would limit the variety of products available should be …
Persistent link: https://www.econbiz.de/10011893306
the benefits of mortgage contracts that allow households to opt into payment moratoria or reduced payment levels in …
Persistent link: https://www.econbiz.de/10014374251
1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such …
Persistent link: https://www.econbiz.de/10011606253
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176